Friday, December 27, 2019
Thursday, December 19, 2019
Shells Attempt to Takeover Woodside Coursework Example
Essays on Shells Attempt to Takeover Woodside Coursework The paper "Shellââ¬â¢s Attempt to Takeover Woodside" is a worthy example of coursework on finance and accounting. The dream takeover on Woodside Petroleum by Shell in 2001 was not to be. The Australian government, under the Foreign Acquisition and Takeovers Act, rejected the bid. The person primarily responsible for this was Mr. Peter Costello, the federal treasurer at that time. In his speech for giving reasons why the Shell takeover bid was rejected, Mr. Costello said he believed that the takeover was not in the national interest of the Australians.. PART (A)à à Reasons why Mr. Costello rejected Shell to take over Woodside,There was a strive fear among Australians that their job security would be threatened if Shell was to take over. In case Shell took over, the Shell owners might have tried to improve the efficiency of Woodside operations in line with the parent companyââ¬â¢s criteria. This would have included bringing in machinery and employees whom they believed would deliver what was required. The complication to this is that the machinery brought in might replace the human input to perform tasks that would lead to a massive layoff of workers. Bringing in their own specialists would have also caused unemployment to specialists from Australia. This would be devastating to the government considering the fact that in 2001 the unemployment rate in Australia was at about 6% high.The Woodside petroleum company is Australiaââ¬â¢s major explorer and production of petroleum and gas. This means that most, if not all, areas that have these fuel extracts are exploited by Woodside and her joint partners. If Shell were successful in its bid, this would be catastrophic to Australia in that its resources would be underexploited. Mr. Costello believed that, Shell would be incapable of fully exploiting fuel in Australia as it would be too busy giving priority to its operation in Russiaââ¬â¢s Sakhalin Island, which had promising results for Shell hence unde r developing the operations that Woodside was involved in especially the North West Shelf gas field, which was Australiaââ¬â¢s largest developed energy resource at that time.ââ¬Å"National interest that it be developed and marketed in preference to competing products from anywhere in the worldâ⬠(Mr. Peter Costello- Reserve treasurer, 2001). Here Mr. Costello was talking about the North West Shelf gas field. Analysts believed that if this part was effectively exploited, the liquid gas from here had the potential of becoming the countryââ¬â¢s largest export. Most of Australiaââ¬â¢s gas and petroleum resources are based in the western region, hence, it was very important for the North West Shelf to be maximized; this would provide the country with income and a favorable balance of payment. This meant all measures had to be taken to ensure the potential of the countryââ¬â¢s resources were fully utilized. The North West Shelf has estimated natural gas resources of more than 3168 Gm3 (130 Tcf)PART B: Reasons why Shell wanted to acquire Woodside.In the year 2001, Shell already had a 34% share claim to Woodside petroleum. Through the takeover bid, Shell expected to increase its share in Woodside to 56% hence being the majority shareholder. This would work in the favor of Shell in that it would be given the chance to appoint more directors at the Woodside Company. A higher number of directors on the board would assure the decision-makers at Shell that most of their decisions would be passed with a high number of votes by the directors they appoint to the board.The idea of a takeover bid by Shell would be a kind of expansion plan. Though Shell has continually denied it, taking over Woodside would be like opening an office branch for Shell in Australia. This would ensure that Shell has a deeper grip on the Asia-pacific region in the petroleum and gas industry.Shellââ¬â¢s hostile takeover of Woodside would have guaranteed Shell more gas fields, parti cularly in the North West shelf of Australia. This would have increased the production and output that essentially will be transferred to increased revenue and profits for the firm, hence, putting Shell ahead of companies it competes against in the petroleum and gas exploration and production industry like, British petroleum and Exxon.
Wednesday, December 11, 2019
Managing Projects Managing the Different Project
Question: Describe about the Managing Projects for Managing the Different Project. Answer: Managing projects is supposed to be very important as it helps in increasing the efficiency of the entire organization. While studying about different values and principles of operations management of an organization, I found it very significant that projects need to be managed in a synchronized manner to increases the effectiveness of the association. Throughout my study regarding the managing of the projects, I have learned a lot regarding the managing of the projects which are carried out within an organization and moreover, effective leadership is of great importance as it helps in the adequate management of the respective projects. The crucial thing is to recognize the preferred importance of the project management identify the issues coming between the execution of a particular project. The manager is considered to be the one who executes a lot of responsibility in bringing out the success for the concerned project. As per my knowledge on the operations, management, it is evident to make the use of the skills and the talent of the employees for managing the ongoing project as it will help in maintaining the overall quality of the project. The overall study of project management has helped in enhancing my skills and knowledge regarding the completion of the different projects with adequate quality and this is important in order to find the best careers in managing field. I came across many of the crucial points while studying on the topic of project management, some of the points reflected that focus on the discipline of the operations management is crucial as it helps in evaluating the effectiveness within the concerned workplace. While working on a particular project, it is evident to know the actual requirements of the project as this will help in carrying out the project with great quality. Moreover, it also reflected that the employees working with the particular firm and on the same topic need to collect required information regarding the concerned project. There needs to be a group of certain numbers of the employees for the execution and completion of a particular project. There need to be leaders within the team members with excellent leadership qualities as it will help in running the project as required in the perfect way. Moreover, the employees working on the same project should be allotted different tasks which must be completed within the provided timeframe. I feel that the employees or the staff members working on a particular project need to recognize the issues which may affect the execution of the project as this will help to improve the core areas with great quality. This entire study on the disciplines of Operations Management helps in providing wide varieties of opportunities to jobs as well as careers. The study on operations management evaluates the desired fact there are certain disciplines such as information management, strategy, marketing, logistics management and many others which will help in increasing the effectiveness of careers in management for the respective candidates. The leader should retain the core skills of managing the team members regarding the execution of the project. While studying the subject of operations management, I found that the core areas need to be followed in order to maintain the effectiveness of the concerned ongoing project. The research study provides ideas related to managing the projects in an effective way which is very crucial for developing a good career in management. Over last few months, I came across the disciplines of operations management which provides complete knowledge for developing better career in management and also offers knowledge to handle the management process. There are some of the other elements of project management such as project time management, cost management, quality management etc. the financial resources plays the major role in successful completion of the respective projects. I also gathered much relevant and important informations regarding the collection of the resources and their utilization. I also worked on some of the other areas to enhance my own knowledge on managing the different projects with great ease. The leaders play the most vital role to increase the efficiency of the concerned project and they should understand the needs of the team members associated with the ongoing project. There needs to be collaboration with the team members and more significant is to enhance the communication process. The enhancement of the communicational skills will help to convey the desired message to each team member to the other regarding the evaluation of the concerned or particular project. On the whole, the concept of project management provides and helps in gathering complete knowledge regarding developing the solutions to the issues which comes while executing projects and is helpful in good jobs in management field. There are different activities which should need to be considered while carrying out the entire project and moreover, the different operations involved in the p rocess should be analyzed with the required facts and figures as to enhance the managing process within the firm concerned. Therefore, the topic of managing projects has helped me in gathering and collecting the wide range of knowledge and information's regarding operations management.
Tuesday, December 3, 2019
Malala Yousafzai Essay Example
Malala Yousafzai Paper Malala Yousafzai Marc Champion, Salman Masood, and Beclan Walsh further analyze the outcome of the Nobel Peace Prize to reflect upon Malala Yousafzais attributes to society. The writers professionally address the perspectives of the Pakistani people while applying their opinions as to why Yousafzai deserved to be recognized. Marc Champion adequately expresses the idea that Yousafzais achievements are the embodiment of the Nobel Peace Prize representation, therefore being the rightful contender. He assertively states that, l know who I would have chosen for this years Nobel Peace Prize: Malala Yousafzai. Reclaiming her contributions to the world, Champion reasons that the Nobel Peace Prize should have gone to her on the basis that she deserved it now, while the OPCW deserve it in the future. Using President Obama, Champion argues, [He was] awarded the Nobel Peace Prize in 2009 for getting elected, as a, kind of advance payment on great deeds to come. This advanced payment does not promise future the fulfillment while Yousafzai has already done the greatest deed of all; she endangered herself for the greater good. As such, he implies, l dont see how [the OPCW] competes with the bravery of Malala and her family. We will write a custom essay sample on Malala Yousafzai specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Malala Yousafzai specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Malala Yousafzai specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Does Champion make an acceptable case for her? I agree the contributions by Yousafzai should have been appreciated by the Nobel Peace Prize standards. Many opinions follow the actions of Yousafzai and her family including those that claim fraud and publicity purposes. The people of Pakistan will not associate with Yousafzai on the grounds that, [she is] a C. I. A agent, part of a nebulous Western Plot to humiliate their country and pressure their government. It is also claimed that Yousafzais assassination attempt was fake to dramatize her actions towards society. The Pakistani people do not believe she deserved the Nobel Peace Prize because of the lack of proof behind Yousafzais experiences. Simply put, Malala Yousafzais involvement with education and womens rights brought multitudes of opinions, especially on the results of the Nobel Peace Prize. Marc Champion, Salman Masood, and Beclan Walsh eloquently establish respect for Yousafzai while addressing the perspective of those who believe she is false. So is Yousafzai worthy of the Nobel Peace Prize? Indeed, she earned the respect deserving of the Nobel Peace Prize, but in the end she did not go unnoticed and she did not go unrewarded. By HSslacker
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